North Africa Post
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Headlines Morocco

Morocco’s Flag Carrier Doubles Profits in 2016

North Africa Post

Morocco’s flag carrier, Royale Air Maroc (RAM), saw its profits more than double in 2016 to stand at 520 million dirhams (52 million dollars) compared to 203 million dirhams last year. This performance is largely ascribed to non-current financial assets which contributed by 129 in the company’s overall profits, local e-journal le360 said quoting a […]
Africa Asia Headlines International Morocco

Moroccan-Chinese Cooperation Shows the Way for Rest of Africa- Kenyan Media

North Africa Post

The investments co-developed by Morocco and China as part of the One Belt One Road (OBOR) initiative coupled with the North African Kingdom’s investments in logistics and infra-structure stand as a model to follow for the rest of Africa, stated Kenyan website, the Business Daily. In an article titled “Lessons from Morocco in China-backed mega […]
Asia Business Headlines International Morocco

UAE Company Mubadala Aerospace Mulls Investing in Morocco

North Africa Post

The Abu Dhabi-based Mubadala Aerospace is considering opening a new manufacturing plant in Morocco to be closer to its customer Airbus, said the company’s chief Badr Al Olama. The North African Kingdom enjoys “a proximity to Europe. Being closer to the customers will be important for Strata”, a unit of Mubadala Aerospace, he added in […]